Tax Myths - Introduction

I'm using the start of 2012 to introduce a new OTS feature to help you understand your business tax. Some will seem more esoteric than others, but all of them should be of interest to several small businesses. Some will seem very simple, but might be worth confirming where they are important, useful or interesting. I hope you enjoy them!

#Tax Myth 1 - Limited companies have to be VAT reg...
Tax Relief For Losses